Innovex International INVX
NYSE INVX
$29.85 +0.05 (+0.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

Innovex International (INVX) Gross Margin (2009 - 2026)

Innovex International's (INVX) quarterly Gross Margin came in at 34.16% in Q2 2026, up 217.0% on a YoY basis from 10.77% in Q2 2025, and down 3.39% quarter-over-quarter from 35.35% in Q1 2026.

Analysis

Innovex International (INVX) Gross Margin (2009 - 2026) Analysis & Trends

Innovex International (INVX) has reported Gross Margin for 18 consecutive years, with 34.16% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 217.0% year-over-year to 34.16%; the trailing twelve-month figure through Jun 2026 stood at 32.4% (down 55.0% YoY), and the FY2025 full-year result was 31.0%, down 420.0% from the prior year.
  • Gross Margin declined to 34.16% in Q2 2026 per INVX's latest filing, from 35.35% in the prior quarter.
  • Across five years, Gross Margin topped out at 45.67% in Q4 2022 and bottomed at 23.02% in Q1 2022.
  • Historically, Gross Margin has averaged 32.39% across 5 years, with a median of 32.92% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 11115 bps in 2022, then slumped 930 bps in 2023.
  • Over 5 years, Gross Margin stood at 45.67% in 2022, then slipped by 20 bps to 36.38% in 2023, then dropped by 7 bps to 33.85% in 2024, then retreated by 15 bps to 28.92% in 2025, then increased by 18 bps to 34.16% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 34.16%, 35.35%, and 28.92% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 TechnipFMC 30.87 Bn 29.63 Bn 1.40 Bn 50.62%
2 Nov 7.72 Bn 6.56 Bn 521.00 Mn 24.41%
3 Cactus 4.82 Bn 4.46 Bn 215.38 Mn 47.91%
4 Enerflex 2.77 Bn 2.69 Bn 139.00 Mn 23.88%
5 Innovex International 2.06 Bn 1.83 Bn 83.65 Mn 34.16%
6 Forum Energy Technologies 911.33 Mn 877.61 Mn 71.35 Mn 31.54%
7 Flowco Holdings 898.72 Mn 898.72 Mn 49.17 Mn 20.85%
8 Oil States International 509.94 Mn 490.13 Mn 38.71 Mn 24.71%
9 OMS Energy Technologies 197.41 Mn 43.45 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn 36.35%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.16%
Mar 31, 2026 35.35%
Dec 31, 2025 28.92%
Sep 30, 2025 31.64%
Jun 30, 2025 31.98%
Mar 31, 2025 31.82%
Dec 31, 2024 33.85%
Sep 30, 2024 34.70%
Jun 30, 2024 35.30%
Mar 31, 2024 38.35%
Dec 31, 2023 36.38%
Sep 30, 2023 35.88%
Jun 30, 2023 26.67%
Mar 31, 2023 27.91%
Dec 31, 2022 45.67%
Sep 30, 2022 25.45%
Jun 30, 2022 25.87%
Mar 31, 2022 23.02%
Dec 31, 2021 -65.48%
Sep 30, 2021 24.29%